Lebanon Housing Market Report January 2025•Warren County, Ohio

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Housing Prices in Lebanon, OH

How much do homes in Lebanon, OH cost?

Housing Market Conditions

Is Lebanon, OH a buyer’s or seller’s market?

Housing Market Conditions

This is the supply and demand for houses in an area based on home prices and trends.

Buyer’s Market

A buyer’s market occurs when the number of available properties for sale exceeds the number of buyers looking to purchase. In a buyer’s market, the supply exceeds the demand.

Neutral Market

A neutral market occurs when the number of buyers looking to purchase properties meets the number of available properties for sale. In a balanced market, there are enough homes to meet the demand.

Seller’s Market

A seller’s market occurs when there are more buyers looking to purchase properties than there are available homes on the market. In a seller’s market, the demand exceeds the supply.

Seller'sMarket

Buyer'sMarket

Lebanon is a Seller's Market

Difference Since January 2024

Since last year, Lebanon has remained a Seller's Market.

Insight

Lebanon is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Median Sold Price

Median Sold Price
This is the middle price for which all homes in the area were sold. Half of all the homes sold were below this price, and half were above.
$417,000$186/SqFt
+$45,000
+12.1%

Based on all homes sold in the last 12 months

Insight

Homes in Lebanon have sold for 12.1% more than they did a year ago.

Summary: The median home sold price in Lebanon was $417,000 in January 2025, up 12.1% from last year, and the median price per square foot was $186.

Median Sold Price By Cities

Median Sold Price By Cities
This is the middle price for which all homes in the area were sold compared to surrounding cities. Half of all the homes sold were below this price, and half were above.
CityChange YoY
Lebanon
+12.1%
Turtlecreek Township
+3.4%
Union Township
+2.7%

Median Sold Price By Bedrooms

Median Sold Price By Bedrooms
This is the middle price for all homes actively listed in an area broken out by the number of bedrooms. Half of the homes are listed below this price, and half are above.
BedsJan 2024Jan 2025Change YoY
1--
N/A
2$265.5K$295K
+11.1%
3$324K$350K
+8.0%
4$510.4K$479.9K
-6.0%
5$624.9K$622.5K
-0.4%

Summary: Lebanon housing price by bedroom type for January 2025, compared to the previous year. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes increased by +11.1%. The home price for 3 bedroom homes increased by +8.0%. The home price for 4 bedroom homes decreased by -6.0%. The home price for 5 bedroom homes decreased by -0.4%.

Housing supply in Lebanon, OH

How many homes are available in Lebanon, OH?

Number of Homes For Sale

Number of Homes For Sale
This is the total number of homes actively listed in an area.
Last Month2 months agoChange MoM
42Last MonthJan 2025
422 months agoDec 2024
0.0 %
Change MoMDec – Jan

Summary: The Lebanon real estate market had 42 homes for sale in Jan 2025, the same as Dec 2024

Number of Homes Sold

Number of Homes Sold
This is the total number of both homes sold and pending in an area.
Last Month2 months agoChange MoM
10Last MonthJan 2025
102 months agoDec 2024
0.0 %
Change MoMDec – Jan

Homes For Sale By Bedroom Count

Homes For Sale By Bedroom Count
This is the total number of homes actively listed in an area by number of bedrooms.
BedsDec 2024Jan 2025Change MoM
111
0.0%
2711
+57.1%
3118
-27.3%
42017
-15.0%
535
+66.7%

Summary: Lebanon housing inventory by bedroom type for January 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes increased by +57.1%. The inventory for 3 bedroom homes decreased by -27.3%. The inventory for 4 bedroom homes decreased by -15.0%. The inventory for 5 bedroom homes increased by +66.7%.

Asking Price vs. Sold Price

How much do homes in Lebanon, OH cost?

Asking Price vs. Sold Price

The asking price is how much a home is listed for. The selling price is how much the home actually sold for.

Under Asking

Homes that sold for less than the asking price

At Asking

Homes that sold at their asking price

Over Asking

Homes that sold above the asking price

Over Asking Price2 Homes

At Asking Price1 Home

Under Asking Price7 Homes

Insight

If you're buying a home in Lebanon, you may be able to get a good deal. 70% of homes here sold below asking price last month.

Summary: A total of 10 homes were sold or pending in Lebanon in January 2025, the same as the previous month. Of the 10 sold homes, 70% were sold under asking, 10% were sold at asking, and and 20% were sold over asking.

Days on Market for Lebanon, OH

We’re sorry, we don't have information for this market at the moment.

Home sale times aren’t available for this area.

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Newest Listings in Lebanon, OH

What homes are available in Lebanon, OH?

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Nearby markets

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MLS Disclaimers and Copyright

Based on information from Dayton MLS, MLS of Greater Cincinnati, and Columbus and Central Ohio Regional MLS for the period 02/01/2023 - 02/01/2025

IDXThis information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by other brokerage firms are marked with the BR logo and detailed information about them includes the name of the listing brokers. Information Deemed Reliable But Not Guaranteed. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright © 2025 DABR MLS. All Rights Reserved
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/20/2025, 6:20:56 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Broker ReciprocityThis information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. Real estate listings held by other brokerage firms are marked with the BR logo and detailed information about them includes the name of the listing brokers. Copyright ©2025 by the Multiple Listing Service of Greater Cincinnati, Inc. All rights reserved. For the most current information, contact your Broker.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/20/2025, 6:20:56 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
IDX The information is being provided by Columbus and Central Ohio Regional Multiple Listing Service. Information deemed reliable but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase.

Copyright © 2025 Columbus and Central Ohio Regional Multiple Listing Service. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/20/2025, 6:20:56 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.